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Investment Sales: What does all this mean? - by Michael Weiser
September 8, 2020
The current real estate market is in complete flux, and that’s putting it mildly. There is uncertainty involving every asset type across every submarket in New York City. The first throws of uncertainty came with the
Natter and Fuchs of Collaborative Group handle Chelsea development site sale for $18.5 million
September 8, 2020
Manhattan, NY Andrew Natter and Hal Fuchs of Collaborative Group facilitated the $18.5 million sale of 428-432 West 19th St.
Goldflam of Highcap Group completes $13.3 million sale of development site in Catskill Mountains
September 8, 2020
Forestburgh, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, has arranged the sale a sub-division development site at 974 Cold Spring Rd., in an area known as
Marcus & Millichap sells 60,896 s/f ShopRite in Uniondale for $19.5 million
September 8, 2020
Uniondale, NY Marcus & Millichap completed the sale and financing of a 60,896 s/f ShopRite. The grocery store is located within a shopping center co-anchored by Walmart on Jerusalem Ave. The property sold for $19.5 million.
Cushman & Wakefield procures $80 million for 435,000 s/f warehouse and completes two multifamily dea...
September 8, 2020
Yonkers, NY Cushman & Wakefield (C&W) completed three transactions valued at $115.6 million. The firm served as the exclusive adviser to Alfred Weissman Real Estate, LLC in the
The story behind Bernstein’s Passive House – Built for love or money? Both - by Enid Hamelin
September 4, 2020
Success was immediate. In the fall of 2019, we completed Flow Chelsea, our 25-story Passive House. A 55-unit, rental residence with inclusionary housing. After four years in the developing, we took it public. We branded it, launched a website and hired a major New York broker to lease it.
Klosed Properties acquires five-story walk-up near Fordham University for $5.5 million
September 3, 2020
Bronx, NY Klosed Properties acquired 558 East 191st St. from Michele Giacinto, who had owned the property for almost 50 years. The five-story walk-up in the Belmont/Fordham neighborhood
NYC Local Law 11 explained - by Michael Rogoff
August 27, 2020
The NYC Façade Inspection Safety Program (FISP), also known as Local Law 11, requires NYC buildings taller than six stories to have their facades inspected and repaired every five years. The law was recently enhanced in order to
Nassimian of Highcap Group tapped to sell five-lot assemblage in Astoria
August 18, 2020
Queens, NY Rodney Nassimian, investment sales associate of Manhattan based investment sales firm Highcap Group, has announced the exclusive listing for the sale of a five-lot assemblage in the Hallets Point neighborhood of Astoria.
GAIA Real Estate signs 53,222 s/f office and retail lease with Englewood Health; CBRE is broker
August 18, 2020
Jersey City, NJ GAIA Real Estate has signed a 53,222 s/f office and retail lease at 2 Journal Sq. with Englewood Health that will bring increased access to healthcare and help meet the needs of the city’s Journal Sq. neighborhood.
Alisca joins the Real Estate Group at Certilman Balin as an associate
August 25, 2020
East Meadow, NY Alain Alisca has joined the Real Estate Group at Certilman Balin an associate. Alisca earned his Juris Doctor from St. John’s University School of Law in 2019 where he competed in the Frank Polestino Trial Advocacy Institute during the
Phillips of Largo secures industrial warehouse funding totaling $4.6 million
August 25, 2020
Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., arranged permanent financing for a 55,000 s/f, single tenant, industrial warehouse building. The $4.6 million loan featured
The Kulka Group launches Kulka Interactive publishing platform
August 25, 2020
Hauppauge, NY The Kulka Group has launched Kulka Interactive, a media platform for thought leaders across the region designed to share expertise and grow business opportunities. Focused on the subject areas of business, real estate, technology and culture founding contributors to Kulka Interactive include industry leaders such as
The Kalikow Group closes $25.5M refinance for multifamily mixed-use community; Arbor Realty Trust is...
August 18, 2020
Morrisville, NC The Kalikow Group closed on a $25.5 million bridge loan to refinance Grace Park mixed-use community. The lender is Arbor Realty Trust, Inc. Precise financial terms were not disclosed.
Asset Preservation to offer free CE webinars in September for 1031 advisors, attorneys, CPAs and RE ...
August 25, 2020
New York, NY Asset Preservation will be offering a series of free webinars that qualify for CE credits in September. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are open to the public. Topics this month include ethics, parking arrangements, 1031 stratgies, and entity issues.
August Spotlight: Ones to Watch
August 18, 2020
New York, NY The New York Real Estate Journal has published its monthly spotlight, "Ones to Watch," focusing on
2020 Ones to Watch: Eric Sears, CBRE
August 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career?
Facilitating in moving Pret-A-Manger’s North American headquarters from 853 Broadway to 30 Irving Pl. has been a game-changing assignment in my career. The requirement was
2020 Ones to Watch: Reeves Henritze McCall, CBRE
August 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career?
Before moving back to New York, my colleagues in Atlanta and I won the agency for Peachtree Center and The Marquis Tower, a 2.4 million s/f project and the city’s largest downtown
2020 Ones to Watch: Ryan Severino, JLL
August 18, 2020
How do you contribute to your community or your profession?
In addition to working at JLL, I have been an adjunct professor here in New York for the last 11 years. In the fall, I will also begin
2020 Ones to Watch: Zach Redding, B6 Real Estate Advisors
August 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career?
4 Bryant Park was a very significant transaction for me and our whole team. Our client was a large institution (JPMorgan) and we had several